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2101  Other / Beginners & Help / Re: Advise to Newbies looking to join bounties on: July 12, 2019, 02:05:24 PM
I believe that bounties that spam social networks with bullshit comments and posts and things that look too good to be true are not to be trusted at the very first place. You should also look for the amount of bounty tokens in terms of USD they're going to share (don't just get waved away with the numbers but also look for their whitepaper, give it a complete read, compare their website and the whitepaper as you may also notice changes between them) and then decide if their token is really worth it to be gaining that value in terms of USD to give you the promised returns through the tokens you get via bounty.
2102  Bitcoin / Hardware wallets / Re: Bitcoin Ledger and other hardware related questions. on: July 12, 2019, 09:52:54 AM
But the real micro controller tampering you are talking about, what devices would this include?  I assume


1. Modems
2. Routers
3. Printers
4. Powerbanks
5.  Mouse
6.  Keyboard

Anything which has a microcontroller which doesn't verify the firmware.
So, yes.. everything in your list. At least on a theoretical level.

Wow, surprised! I mean what the hell? Even these kind of hardware are prone to stealing our data at a theoretical (and to some extent, real) levels? I'm actually shocked to know about this list and very much scared to know that almost every digital device out there has got some sort of weakness which can be used by stealers / hackers to steal / transmit our data through various channels implemented into these devices. Heck, this discussion gave me an in-depth look into what kind of software / hardware can be dangerous in fetching our fortunes (yes, our data is everything for us) and how we can save ourselves from becoming a victim.



You keep playing the "what if?" game and never seem to want to make an actual decision. If you keep doing that, you'll eventually get to the level of: "Well, what if someone drops a dirty bomb on the bank where my cryptosteel is stored in a safety deposit?" Roll Eyes

Lolz, I'm actually getting a complex from that guy whenever he asks a question and uses the same pattern I've used to make it my only used way to ask a question here. After reading the thread today and the way he's asking back-to-back questions make me feel that I'm his alt. /jk (don't take my words seriously Tongue)

I believe even cryptosteel is prone to being stolen and / or rust taking place on it and messing up with the paper inside (as I know about a few use cases where metal changes its form in size and shape due to various air / oxygen / iron related issues and this could be dangerous while removing the paper as it may also end up tearing paper into many pieces). I believe the only way to save our hardware from being malevolent is to keep it away most of the time from using online (I mean connected to internet).
2103  Economy / Trading Discussion / Re: Don't FOMO in if you don't have what it takes - PATIENCE! on: July 11, 2019, 05:55:48 PM

Your image truly defines a trader's psychology based on which he enacts and loses more (even everything) than winning due to emotions and mental stress. Those who trade calmly are the ones who don't give a damn as they know how and when to trade (with how much leverage if it's a margin trade) are the ones listed in 5% of the world's most successful traders and the other type of traders are these who just FOMO in and sell immediately once they see a crash - this is called rush (or I'd say rash) trading which will never take you to your goal and these traders are the remaining 95% who always cry for their unsuccessful trades.



Always remember don't ride the hype and don't be greedy when taking profits. It's the problem for most traders that's why they get rekt. They just buy when they see an increase, they don't when its dipping. In terms of selling they don't set a target price and expect for it to moon.

The major problem for them is to understand and know the entry and exit points and patience is the key to hodl. They just want to get rich overnight but such people end up their capital fired away.



Get ready for a major altcoin season.

A bit off-topic, sorry to say but your dreams will be dreams this time as the alts will die slowly once BTC starts to gain speed towards higher values. The reason behind this is - too many altcoins there which have no use case and don't even deserve to be listed on exchanges but are still there, they're already valued high based on USD values so they'll probably be kept there and decrease in BTC values as of now.
2104  Bitcoin / Bitcoin Technical Support / Re: [overview] Recover Bitcoin from any old storage format on: July 11, 2019, 05:32:24 PM
As some of the USB drives have their own security system software installed, I wish to know are these softwares actually trustworthy to be kept in it (like to add a password to password-protect it to secure our USB drive and/or even external hard drive)?
I guess this varies per device. I'd prefer an Open Source solution for encryption.

What kinda solution? Any preference you'd share here to make us aware of it?



As you asked me not to rely on one single device for the storage of all such wallets and privkeys,
What IF:
- I've only stored my keys on paper wallet(s) and it is the only source that's prone to fire, water and tearing?

On a side note, what's a steel wallet and how does it work? Can it help me save money on one hand while also providing me the level of security needed to store such sensitive data?
2105  Other / Beginners & Help / Re: [GUIDE] Don't ask others to BUY BTC for you! on: July 11, 2019, 05:19:13 PM
Bitcoin is somehow a shady business already... Because there are so many scams and shady third party services (exchanges, wallets, services etc)

Trying a 50% off deal in bitcoin is certainly illegal.

You crossed your own words by speaking 2 different things here. On one hand you say it's a shady business, then how is it illegal to go for a 50% off deal (if it's actually available)?

Quote
Better to do everything the right way.

That's the only thing I strongly believe in, you shouldn't do it at all and even if you do, then illegal purchases need to be done after having complete knowledge and know about risk factors associated with it. He wasn't aware about the carding thing and only saw the title saying 50% off on price of BTC" and that was his only fault which landed him behind the bars. Actually, just like Livecoin issue where nobody gave a read to their ToS (almost 90% users don't tend to do that) and then coming up with issues is what this secretary did here - he wasn't aware and didn't try to know more about how is the guy able to sell it for that cheap?
2106  Other / Beginners & Help / Re: Important terms that are frequently confused. on: July 11, 2019, 04:55:53 PM
Hey please explain what is REKT Undecided

REKT means you're done. You've lost everything, gone bankrupt (at least in terms of capital that you've put up bets on BTC or alts with). It's a term generally used while anything of value loses it to an extent from where it can't be recoverable.



@OP,
What about those wallets which change addresses after each transaction takes place in a one-time use address (just for the sake of our privacy) like blockchain.com (formerly blockchain.info)?

As they advice us not to use those addresses again, it means we're not going to get private keys of those addresses to sign a message, what about such wallets? I use Electrum and it gives me access to all the privkeys associated with each and every address in my wallet.
2107  Other / Beginners & Help / Re: What is a Cryptocurrency eg. Bitcoin? Cryptocurrency Guide for Beginners on: July 11, 2019, 02:17:49 PM
Trust me, you'd find a lot of interesting infographics that'd lure you to gain better taste of Bitcoins and its other aspects. To me, a simple definition for crypto currency in layman's point of view, would be:

A cryptocurrency is actually a way of saving yourself from the percussion of centralization and get to know decentralization to some extent (or full if you use dark crypto like XMR, Dash, etc.) Something that keeps our privacy to be its first priority while also giving us the privilege to send / receive it in a way of digital tokens which have got speculated values attached to them with least fees, thanks to the creator who made such a creation which is now competing with major credit card companies and even banks in terms of fees to send transactions abroad (which can be done for even less than a $1 in transaction fees with crypto in the blink of an eye) and returns (not guaranteed however, exceptional returns are there to gain of which banks can't even provide 1/10th of it).
2108  Other / Beginners & Help / [GUIDE] Don't ask others to BUY BTC for you! on: July 11, 2019, 01:47:31 PM
My uncle is a millionaire in terms of our local currency here in India, so he doesn't get much time to watch and even buy anything on his own and gives all such work to his secretary.

The problem!
We all have got some problems in our lives and we need to deal with them, but sometimes some people choose the wrong way. Greed gets us to commit the wrong deeds that we've never meant to be done through our hands. His secretary came to know about a person selling BTC for cheap. He went ahead to save on some bucks by trying to buy BTC for cheap but he didn't knew there's a term we know as "carding". The person who was offering cheap BTC was a carder and he was asking for just 50% (3250) of the ongoing market price ($6500 then), so the secretary thought that he could save 50% from this deal and keep for himself as he was doing it all under greed. But as the phrase goes, truth prevails. He actually bought the BTC but before giving it to my Uncle, he got arrested by the Police. How? Actually, he involved a partner in this deal (this came into light after he got arrested) and both of them had a deal to share 50-50 but the secretary cut his words off by breaking the deal and keeping everything with him. Thanks to that partner who went to the Police and told them everything about this as he wanted that if he didn't get anything, he won't let that guy keep everything. And not to forget, the carder also got arrested as some of the Police guys tried to contact and catch him and they were successful.

This is a lesson learned by both the secretary and his partner and I thank Lord for saving my Uncle from all this mess. Even my Uncle learnt from this that we cannot blindly trust anybody and we should do our deeds ourselves.
2109  Bitcoin / Bitcoin Technical Support / Re: WTS my smartphone but I've got crypto in it. HELP! on: July 11, 2019, 05:44:29 AM
Theoretically no... Once you removed the memory card then it isn't available to the system... But practically speaking, it's kind of impossible to know for certain exactly where the OS has been storing data. It's possible that data has been put into the /cache partition "temporarily".

I asked this because I've seen the phone storage to mess up things for me by storing a few things in my phone (on its own) even after me setting it to store everything in my memory card and my memory card still has more than 8 GB available in it. Maybe some apps get stored to phone compulsorily?

Quote
Unless the resale value of your device is significantly more than the crypto holdings that might be exposed by someone retrieving data from the device... you might be better off just keeping/destroying the device.

I believe I should not go for just some money to pay an EMI and put my crypto holdings in danger just because I want a new phone, so I've finally decided to destroy my device completely.

One final question:
While destroying it, what should I take care of?
I mean, I don't want to get blasted off my phone while trying to destroy it. Also, which part should be mainly destroyed to end the possibility of fetching any sort of data from that piece if it ever gets to anybody's hands?
2110  Bitcoin / Bitcoin Technical Support / Re: WTS my smartphone but I've got crypto in it. HELP! on: July 10, 2019, 11:46:32 PM
what's an emi?

It's Easy Monthly Installments we can choose to pay the price of a product in parts (here: INSTALLMENTS). We can choose the number of months we want to divide the installments into (although, it's already provided at seller's discretion and they set the limit of the number of months and we get the choice to pay quick for less time or wait more time and pay less each month). Interest is levied for the selected period.



A question out of the box:
If I've got a memory card slot in my smartphone and I've stored/kept everything (almost everything related to crypto) and even installed my wallets in that memory card (by selecting it as default), do I need to worry at all about my stuff that I can just take out when memory card is removed?
2111  Economy / Trading Discussion / Re: Don't FOMO in if you don't have what it takes - PATIENCE! on: July 10, 2019, 11:25:58 PM
There's another lesson learned right there. Borrowing money to invest makes for great pain and emotional anguish when the investment goes underwater. It creates additional pressure to sell when holding may actually be the correct move. Margin trading works the same way. It squeezes people into realizing losses because the losses are amplified by the need to repay debt from the investment capital.

True, now he's totally into regret and finding himself in a situation where he thinks he can come up with more investment by managing it from the same entity (his dad) or others (credit from friends) and he thinks that asking for some extra time with the same interest rate would save him from taking distasteful decisions. Coming up with more capital to gain on a few % during this market when BTC is already this high at $12000, should he consider buying? I even asked him to go to a legal advisor or a counselor who can help him change his mind, but he wants to play out again with his old money that he collected as well as wants to borrow more and get in for a big game but is it really worth it? Taking more credits to justify his previous (or I must say PRESENT) losses and try to recover it back is fine?

According to my understanding, the chance was there when BTC fell down 30% actually as he must've bought more instead of selling just to cut his losses, and have made extra profit on his investment when he knew he could manage and borrow some extra money and time from others now, no? I even asked him during the fall to wait for the right opportunity to sell a bit higher (as the next day BTC was >$11800 again) and also put another option in front of him by telling him to see if he could trade some at lower leverage over Bitmex from that point but he was so scared, his fear killed his patience and the panic pressure made him take that decision with a frustrated mind.
2112  Bitcoin / Hardware wallets / Re: Bitcoin Ledger and other hardware related questions. on: July 10, 2019, 11:07:58 PM
IIRC, there was a case whereby someone was scammed with a fake seed.
The reddit thread about it is here: https://www.reddit.com/r/ledgerwallet/comments/7obot7/all_my_cryptocurrency_stolen/
Ledger's response to the incident is here: https://www.ledger.com/scam-second-hand-ledger-device/

--snip--
Even so, when the device arrives, you should still perform some basic checks to ensure it is genuine and to initialize it for the first time. Step by step instructions can be found here: https://support.ledger.com/hc/en-us/articles/360002481534-Check-if-device-is-genuine. Work your way down the sidebar, to "Check if device is genuine", "Set up as new device", and "Update device firmware".

So, this probably shows that 2nd hand devices are actually worthless to be purchased and we shouldn't go for them at all when we even need to have a basic check passed even on our official devices, right?

Worth mentioning that all these security flaws have since been patched, provided you update your Ledger to the latest firmware (as I suggested in my reply above). See here for more details: https://www.ledger.com/firmware-1-4-deep-dive-security-fixes/. Also, by successfully updating, you are also verifying the genuineness of your Ledger, and that it hasn't been tampered with.

I believe I can ask this here -
Can you tell us something about the different types of procedures such devices can be tampered with? If so, it could make us more mature about them so to save ourselves and others from falling apart from their coins just because they've got no / least technical knowledge about using these devices with care.
2113  Bitcoin / Bitcoin Technical Support / Re: [overview] Recover Bitcoin from any old storage format on: July 10, 2019, 10:53:00 PM
The 2nd post after OP asks us to:

MAKE A BACKUP ON REMOVABLE MEDIA BEFORE DOING ANYTHING.

Wanna know something.

What IF:

- I keep all the backup in a USB drive (removable media) or an external hard drive that goes either broken or completely corrupt?

- As some of the USB drives have their own security system software installed, I wish to know are these softwares actually trustworthy to be kept in it (like to add a password to password-protect it to secure our USB drive and/or even external hard drive)?
2114  Bitcoin / Project Development / Re: Bitcoin Marketplace seeking feedback - Deal Your Crypto on: July 10, 2019, 10:25:26 PM
--snip--

There will be no KYC conducted, at least not right now, as I think it is a pretty extreme form of protection for a marketplace that allows you to meet in real life to conduct sales.

Scam disputes are handled by submitting a report. There are report buttons everywhere we thought of, and all reports go to our admin dashboard where we can easily go through them.

There is no refund/return policy at the moment, because due to the nature of cryptocurrencies being irreversible transactions we cannot secure funds from the sellers. Ebay for example offers that protection only for Paypal purchases, where Paypal can put your account into negative balance. We cannot do such thing as we're dealing with balance on the website.

Ok, I'm fine with the report button.
But if you can't do anything like putting the account balance to negative once a seller commits scam, at least there should be a warning button which should occur based on the number of reports/feedbacks that are proven to be true in order to save others from buying anything from such sellers?

Why do you believe there can't be any ^returns^ even after considering the volatile nature of crypto as you've pegged the prices in crypto for almost all the deals to USD?

Is it a marketplace to sell our used stuff (as you said it's kinda OLX)?

If it is, I believe I asked a wrong question here about KYC, but without it, a seller with intention to scam people needs nothing but to make different accounts with different phone numbers and commit it.
2115  Other / Beginners & Help / Re: Thank you for the awesome rank, finally another full member here on: July 10, 2019, 04:22:18 PM
I'm extremely glad that many of you guys are showing positivity towards merit system and are doing their best for the community as well as being rewarded and ranked up through that. It actually excites me how solemnly you served to your local community and honestly trying to learn almost everything you can, so keep up the good work and keep earning more and more merits and I hope to see you in the list of self-made Legendaries here. Smiley
2116  Bitcoin / Project Development / Re: Bitcoin Price Image v2 (supporting Segwit addresses) on: July 10, 2019, 02:37:16 PM
P.S.: Can you also create a BTC-to-ALT provider which could show our balance's value in our choice of alt based on a specific exchange?
I’ll take a look at this tomorrow. Smiley

So... a specific address balance in your chosen alt, right? E.g the address 1Ninja... balance (1 BTC) in ETH?

Yeah, you got that right.
Not just ETH, but a few more or even all of the alts (just like you did with the Fiat currencies as I can watch almost any Fiat currency's conversion to BTC).

One last request, can you also add alts in opposite and put the price in alts and see how much BTC is it worth (like we put price in fiat)? Can be said vice-versa of what I asked first.
2117  Other / Beginners & Help / Re: earning bitcoin at Iran on: July 10, 2019, 02:19:21 PM
That is true, sure, but eventually those bitcoins can get converted into local Fiat currency or in USD and sent to an individuals bank account, paypal or to a credit card. In that case the banks or the government can ask questions about the origin of the money. If the OP was from another country he could maybe get a lighter sentence or a slap on the wrist but not sure what the officials in Iran would do in case you break their laws!

As you said, they've got PayPal and even through bank account transfer, they can show it as income from other sources or income for services (like create an account at a freelance site, ask a local person to post an ad for hiring someone and then apply and get paid through that website via PayPal) or just show it like they write articles/news for online news outlets and seeing the way OP is talking here, I don't think he's got some big amount of BTC to get changed them to his/her local currency. There are a lot of ways available, they can even ask to their trustworthy friend in another country where such laws are not applicable, and then ask them to send him/her the funds via any online medium or bank transfer as that can be shown as a gift.
2118  Bitcoin / Project Development / Re: Bitcoin Marketplace seeking feedback - Deal Your Crypto on: July 10, 2019, 02:09:36 PM
I've got a few things to ask here:

- I saw your website and went through its FAQ section and based on it, I wish to know if you'll be conducting KYC for all the users taking part in selling/buying products from there so to save the end party from being scammed by having all of your users' data?

- Why isn't there anything related to scam disputes? How are you going to deal with it if such takes place?

- Why is there no refund and/or return policy available for buyer's protection in case their purchased product(s)' partial/complete package is not what's expected of as per buyer's expectations?
2119  Bitcoin / Project Development / Re: Bitcoin Price Image v2 (supporting Segwit addresses) on: July 10, 2019, 05:28:23 AM
Checked this - https://btc.ninjastic.space/balance/bc1q3zedphng6fckmal76g89n6e3ludvw4hyfwpysn

But received a completely blank (black) page there without showing any amount whereas I've got some change amount in it. Is there any minimum value set that will only be shown, for e.g.; 1 mBTC or more?

EDIT: My mistake I didn't add the hex color I wanted to see it in. It worked out well, great job. Smiley

https://btc.ninjastic.space/balance/bc1q3zedphng6fckmal76g89n6e3ludvw4hyfwpysn/ff0000
Did the job for me. I'm glad we don't need a specific amount of BTC in our wallet to be able to use this and it has given significance to SegWit which I don't see in most of the explorers too (blockchain.info is still not allowing SegWit addresses to let us watch our transactions and balance in their explorer).

P.S.: Can you also create a BTC-to-ALT provider which could show our balance's value in our choice of alt based on a specific exchange?
2120  Other / Beginners & Help / Re: earning bitcoin at Iran on: July 09, 2019, 05:12:35 PM
According to the article that DdmrDdmr posted any buying, selling or trading of Bitcoin is not considered to be illegal in Iran.

FTFY.

Quote
If you do any of the above activities you are breaking the law of your country and in Iran the consequences could be serious. Please consider if it is worth it.

It's true, but there's another virtual truth we all know about and it's VPN. He can quietly use VPN services to hide all his data (going completely virtual through a different Mac ID, Firefox fingerprints, different IP address and even disable Google ads to stop it from detecting your location) and try everything mentioned here to earn some Bitcoins, though I don't think any place in this world is better than Bitcointalk itself to be able to earn BTC if he has lots of determination and hard work needed.
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